COVID-19 Affects Tech Supply

Electronics manufacturers face weeks of delays in parts shipments because of COVID-19. That could affect the availability of a number of tech products down the road.

Roughly 65 percent of electronics makers reported suppliers told them that the coronavirus outbreak will result in shipment delays, according to a survey released this week by electronics trade group IPC. Most expect the delays to last four to six weeks.

IPC surveyed its members about coronavirus last week and compiled the report based on 150 respondents. Those companies include suppliers, manufacturers and sellers of products ranging from electric lawn mowers, cars, smartphones and cable boxes.

The tech industry is especially vulnerable to issues in China because much of its supply chain and production is centered in the country. But because of COVID-19, many Chinese factories and suppliers were forced to remain closed longer than expected.

Source: https://cnnphilippines.com/business/2020/3/2/Electronics-parts-supply-coronavirus.html

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